For low-income Medicare beneficiaries, the Medicare Savings Programs provide limited Medicaid coverage of Medicare premiums and, for beneficiaries with income below the federal poverty level (FPL), Medicare cost-sharing.
Depending on income level, Medicare beneficiaries can qualify for one of the Medicare Savings Programs that provide limited Medicaid coverage: Qualified Medicare Beneficiary (QMB), Specified Low-Income Medicare Beneficiary (SLMB), and Qualifying Individual (QI).
Current Processes for Enrolling Medicare/Medicaid Dual Eligibles in Medicare Savings Programs and Efforts to Increase Enrollment.
Medicare Savings Programs (MSPs) are designed to provide financial assistance to Medicare beneficiaries whose income and assets may be too high to allow them to qualify for full Medicaid coverage.
Rather than build on the existing Medicare Savings Programs, policymakers chose to establish new subsidies with different income and resource standards.
3) Policymakers recognized these anomalies and chose to coordinate the Medicare Savings Programs with the LIS offered through Medicare Part D in the "Medicare Improvements for Patients and Providers Act of 2008" (HR 6331).